My FX Journal

I will be keeping a journal of my trading activities on this thread.

There are probably better ways of keeping track of your trading..(Excel, OpenOffice, notepad..) but I feel this will keep me in "check" (thinking a few more seconds about the trade so that I do not enter trades earlier than I should, etc)

Pairs I mainly trade:

EURUSD
EURJPY
GBPUSD
GBPJPY
GBPCHF
USDJPY
USDCHF
USDCAD
AUDUSD
CHFJPY

I will trade a maximum of 2 trades at a time, never on the same pair. No more than 10% equity risk on each trade.

I will NOT provide reasoning for my trade decisions.

Most of my trades are pending stops/limit orders. I usually will not enter market orders.


Goal: 200 pips a day or 1,000 pips a week.

 

GBPJPY

buy-stop: 158.55
take profit: 158.96

EURUSD
buy: 1.4181
take profit: 1.4203

Projected Pips: 63 pips

All positions on 15 point trail with 20 point stop

 

Both positions filled at 63 point profit.

 

CHFJPY

buy-stop 89.39
take profit: 89.59

projected pips = 20

 

trade closed.

total pips for today 83.. Not sure if I am going to trade tonight or sleep.. we shall see

 

Took the rest of the night off & had nice 15 hours of sleep. Not going to meet my goal of 1,000 pips a week considering I started the journal mid-week. Oh well.

Missed some opportunities due to my slumber last night.. but no sweat.

GBPJPY buy-stop 158.30 take profit 158.96
projected profit = 36 points

GBPYJPY buy-stop 159.19 take profit 159.30
projected profit = 11 points


total projected: 47 points
total accumulated: 83

 

typo: projected pips 66, projected total = 77

 

awesome stuff...are you trading standard 100,000 or micro 10,000 lots??...how many lots per trade?...best trading to you!!!!!!!!

 

hey, check out the EUR/AUD, GBP/NZD, EUR/NZD...in all seriousness..bigger spreads but have great daily trading range...

 

Mostly all trades are standard lots. But at times I will vary it a bit.. if I place a pending with a few pips take profit, then yeah, I may over-leverage $100-$250/pip.. depends..